Whole Earth Brands

Whole Earth Brands, Inc. operates as a food company. The firm operates through the following segments: Branded CPG and Flavors and Ingredients. The Branded CPG segment includes tabletop zero-calorie sweetener category products. The Flavors and Ingredients segment manufactures licorice extract and derivative products. Its brands include equal, Canderel, WHOLE EARTH, and PURE VIA. The company was founded in 2018 and is headquartered in Chicago, IL.

Earnings data Q4 2020

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Whole Earth Brands reports Q4 growth, outlines strategic 2023 plans

Whole Earth Brands navigated challenges in 2022, focusing on growth strategies and operational improvements for 2023.
Despite cost pressures, the company aims for revenue growth and enhanced profitability through strategic actions.
Strong demand, international expansion, and cost management are key focus areas for Whole Earth Brands' future success.
The company's leadership stability and financial outlook position it for sustainable growth and value creation.

Whole Earth Brands reports Q1 growth, faces margin challenges

Whole Earth Brands' Q1 2023 performance showed revenue growth but faced challenges with declining profit margins and lower segment revenue.
Leadership changes and operational initiatives demonstrate a commitment to enhancing profitability and employee engagement.
The company's outlook for the full year remains positive, with opportunities to improve financial performance and navigate challenges.
Addressing cost control, segment performance, and growth strategies will be crucial for Whole Earth Brands' future success.

Whole Earth Brands reports solid Q2 results and pursues growth

Whole Earth Brands is strategically focused on enhancing margins, exploring growth opportunities, and driving operational improvements to rebuild shareholder value.
Despite challenges in evaluating strategic alternatives, the company remains committed to financial discipline, sustainability initiatives, and long-term growth strategies.
With a strong financial performance, operational efficiency, and a clear vision for growth, Whole Earth Brands aims to leverage market trends and innovation to drive value creation.

Whole Earth Brands reports robust Q3 earnings, eyes growth strategies

Whole Earth Brands delivered solid financial results in Q3 2023, with a strong focus on operational efficiency, margin expansion, and cash flow improvement. While facing challenges in the international market, the company is strategically positioned to capitalize on opportunities for growth through product innovation and supply chain optimization.

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Whole Earth Brands enables healthier lifestyles by providing access to plant-based sweeteners, flavor enhancers and other foods. They work to enable wellness seekers to enjoy a range of foods and beverages by offering natural alternatives and clean label products.

Branded CPG International Regions to be Operated Collectively Under New Leadership Nigel Willerton, Founder of Wholesome Sweeteners, Named as President and COO of Branded CPG North America Region Rajnish Ohri, Formerly VP and MD of Branded CPG IMEA Region, Named as President and COO of Branded CPG International Region Jeffrey Robinson will continue to serve as President and COO of Flavors & Ingredients Bernardo Fiaux, Former CFO of Kraft Heinz Meals, Condiments, and Foodservice Division in North America, Named as Chief Financial Officer Announces Amendment to Credit Agreement, Increases Leverage Covenant to Provide Near-term Flexibility Reaffirms Full Year 2023 Guidance CHICAGO, April 25, 2023 (GLOBE NEWSWIRE) -- Whole Earth Brands, Inc. (the “Company” or “we” or “our”) (Nasdaq: FREE), a global food company enabling healthier lifestyles through premium plant-based sweeteners, flavor enhancers and other foods, today announced an evolution of its leadership organization with new executive appointments, as well as an amendment to its credit agreement which allows for added near-term flexibility with increased leverage covenants. The Company also reaffirmed its outlook for full year 2023 ahead of its first quarter earnings release on May 10, 2023.

Whole Earth Brands Announces Leadership Evolution with New Executive Appointments and Amends Credit Agreement

CHICAGO, April 25, 2023 (GLOBE NEWSWIRE) -- Whole Earth Brands, Inc. (the “Company”) (Nasdaq: FREE), a global food company enabling healthier lifestyles through premium plant-based sweeteners, flavor enhancers and other foods, today announced it will release its financial results for the first quarter ended March 31, 2023 before the market opens on Wednesday, May 10, 2023. The Company will host a conference call and webcast to discuss first quarter 2023 financial results at 8:30 AM Eastern Time on the same day hosted by its executive management team.

Whole Earth Brands, Inc. to Release First Quarter 2023 Results on Wednesday, May 10, 2023

Whole Earth Brands, Inc. (NASDAQ:FREE ) Q4 2022 Earnings Conference Call March 13, 2023 8:30 AM ET Company Participants Jeff Sonnek - ICR Michael Franklin - Interim CEO Duane Portwood - CFO Irwin Simon - Executive Chairman Conference Call Participants Brian Holland - TD Cowen Robert Dickerson - Jefferies Bobby Burleson - Canaccord Genuity Scott Mushkin - R5 Capital Ryan Meyers - Lake Street Capital Arthur Arnold - Odeon Capital Operator Good morning and welcome to the Whole Earth Brands Fourth Quarter and Full Year Fiscal 2022 Results Conference Call. At this time all participants will be in listen-only mode.

Whole Earth Brands, Inc. (FREE) Q4 2022 Earnings Call Transcript

Reported fourth quarter revenue growth of 4.7%; constant currency revenue growth of 7.0% reflecting strong performance across both segments Reported fourth quarter revenue growth of 4.7%; constant currency revenue growth of 7.0% reflecting strong performance across both segments

Whole Earth Brands Reports Fourth Quarter and Full Year 2022 Results and Provides 2023 Guidance

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Regenerative Organic Certified sugar helps build soil health, sequester carbon, and ensure fair treatment of farm workers

Whole Earth® Brands' Wholesome® Brand Launches Regenerative Organic Certified® Sugars Exclusively with Whole Foods Market

Whole Earth Brands' stock price has been impacted by the inflation expectation, dropping by 57% since March 2022. However, revenues kept growing each quarter at a nice tick.

Whole Earth Brands: Revenues Continue To Climb Quarterly, Despite Inflation Impact

Albert Manzone Stepping Down as CEO; Michael Franklin to Serve as Interim CEO

Whole Earth Brands, Inc. Announces CEO Transition Plan

CHICAGO, Nov. 28, 2022 (GLOBE NEWSWIRE) -- Whole Earth Brands, Inc. (the “Company”) (Nasdaq: FREE), a global food company enabling healthier lifestyles through premium plant-based sweeteners, flavor enhancers and other foods, today announced that Chief Executive Officer Albert Manzone and Chief Financial Officer Duane Portwood will host a virtual fireside chat at the Canaccord Genuity AgriFood Tech Innovation Virtual Forum on Thursday, December 1, 2022 at 1:30 pm ET.

Whole Earth Brands, Inc. to Participate in the Canaccord Genuity AgriFood Tech Innovation Virtual Forum

Whole Earth Brands, Inc. (NASDAQ:FREE ) Q3 2022 Results Conference Call November 9, 2022 8:30 AM ET Company Participants Jeff Sonnek - ICR Albert Manzone - CEO Duane Portwood - CFO Irwin Simon - Executive Chairman Conference Call Participants Scott Mushkin - R5 Capital Bobby Burleson - Canaccord Ryan Meyers - Lake Street Alex Arnold - Odeon Capital JP Wollam - ROTH Capital Partners Operator Good day, and welcome to Whole Earth Brands, Inc. Third Quarter 2022 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded.

Whole Earth Brands, Inc. (FREE) Q3 2022 Earnings Call Transcript

Whole Earth Brands, Inc. (FREE) delivered earnings and revenue surprises of -58.33% and 2.14%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Whole Earth Brands, Inc. (FREE) Q3 Earnings Miss Estimates

Reported revenue growth of 4.9%; constant currency revenue growth of 8.1%, supported by strong performance across both segments

Whole Earth Brands Reports Third Quarter 2022 Results

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CHICAGO, Aug. 25, 2022 (GLOBE NEWSWIRE) -- Whole Earth Brands, Inc. (the “Company”) (Nasdaq: FREE), a global food company enabling healthier lifestyles through premium plant-based sweeteners, flavor enhancers and other foods, today announced the appointment of Michael Franklin to the Company's Board of Directors (the “Board”), effective August 25, 2022. Following Mr. Franklin's appointment, the Board will consist of eight members.

Whole Earth Brands, Inc. Appoints Michael Franklin to its Board of Directors

Whole Earth Brands, Inc. (NASDAQ:FREE ) Q2 2022 Earnings Conference Call August 9, 2022 8:30 AM ET Company Participants Jeff Sonnek - IR, ICR Albert Manzone - CEO Duane Portwood - CFO Irwin Simon - Executive Chairman Conference Call Participants Brian Holland - Cowen and Company Rob Dickerson - Jefferies Scott Mushkin - R5 Capital Ryan Meyers - Lake Street Capital Markets George Kelly - ROTH Capital Partners Arthur Arnold - Odeon Capital Operator Good morning, and welcome to Whole Earth Brands Second Quarter 2022 Results Conference Call. [Operator Instructions].

Whole Earth Brands, Inc. (FREE) CEO Albert Manzone on Q2 2022 Results - Earnings Call Transcript

Whole Earth Brands, Inc. (FREE) delivered earnings and revenue surprises of -75% and 2.91%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Whole Earth Brands, Inc. (FREE) Misses Q2 Earnings Estimates

8.5% constant currency revenue growth, supported by strong performance across both segments with price actions and volume gains

Whole Earth Brands Reports Second Quarter 2022 Results and Reaffirms Full Year Guidance

CHICAGO, Aug. 03, 2022 (GLOBE NEWSWIRE) -- Whole Earth Brands, Inc. (the “Company”) (Nasdaq: FREE) a global food company enabling healthier lifestyles through premium plant-based sweeteners, flavor enhancers and other foods, today announced that Chief Executive Officer Albert Manzone and Chief Financial Officer Duane Portwood will host a fireside chat at the Canaccord Genuity 42nd Annual Growth Conference on Wednesday, August 10, 2022 at 11:30 am ET.

Whole Earth Brands, Inc. to Participate in the Canaccord Genuity 42nd Annual Growth Conference

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CHICAGO, July 26, 2022 (GLOBE NEWSWIRE) -- Whole Earth Brands, Inc. (the “Company”) (Nasdaq: FREE), a global food company enabling healthier lifestyles through premium plant-based sweeteners, flavor enhancers and other foods, today announced it will release its financial results for the second quarter ended June 30, 2022 before the market opens on Tuesday, August 9, 2022. The Company will host a conference call and webcast to discuss second quarter 2022 financial results at 8:30 AM Eastern Time on the same day hosted by Albert Manzone (Chief Executive Officer) and Duane Portwood (Chief Financial Officer).

Whole Earth Brands, Inc. to Release Second Quarter 2022 Results on Tuesday, August 9, 2022

CHICAGO, June 21, 2022 (GLOBE NEWSWIRE) -- Whole Earth Brands, Inc. (Nasdaq: FREE), a global food company enabling healthier lifestyles through premium plant-based sweeteners, flavor enhancers and other foods, today announced 12 strategic, measurable goals that will guide the company's environmental, social, and governance (ESG) framework through the year 2030.

Whole Earth Brands Announces Global Strategic ESG Goals for 2030

CHICAGO, June 17, 2022 (GLOBE NEWSWIRE) -- Whole Earth Brands, Inc. (the “Company”) (Nasdaq: FREE) a global food company enabling healthier lifestyles through premium plant-based sweeteners, flavor enhancers and other foods, today announced that it completed an amendment, effective June 15, 2022, to its amended and restated credit agreement (the “Agreement”) with its lenders. The Agreement was amended to (i) reflect a $50 million increase in the size of the Company's existing revolving credit facility from $75 million to $125 million; and (ii) to replace LIBOR with SOFR as the reference interest rate. There were no other substantive changes to the Agreement.

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